The European Net Operating Surplus in legal and accounting activities and management consultancy demonstrated a diverse landscape in 2023. Italy led the segment but marginally fell by 0.95%, whereas Belgium and the Netherlands saw increases of 2.97% and 2.62%, respectively. Germany experienced a sharp decline at 8.01%, with Spain and Greece also declining at 2.08% and 3.48%. Austria, Luxembourg, Slovenia, and Estonia experienced moderate increases, with Luxembourg seeing a notable 4.44% rise. Ireland decreased by 5.87%, while Finland remained steady without any change.
Future trends to watch:
- Technological advancements may further shift dynamics, particularly in consultancy services.
- Economic fluctuations could influence legal and accounting activities in regions with significant declines.
- Growing demand for sustainability consulting may present new opportunities.
- Regulatory changes in data protection may impact service delivery and operational costs.
- Continued rise in digital transformation services might increase net operating surpluses, especially in technology-forward countries.
Top countries in Net Operating Surplus in Legal and Accounting Activities; Activities of Head Offices; Management Consultancy Activities Share by Country (Million Euros)
| # | 10 Countries | Percent | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 Italy | 34.26 | 2023 | +0.51% | -0.95% | View data |
| 2 | 2 Belgium | 27.19 | 2023 | +2.46% | +2.97% | View data |
| 3 | 3 Netherlands | 12.97 | 2023 | +2.4% | +2.62% | View data |
| 4 | 4 Germany | 12.25 | 2023 | -6.2% | -8.01% | View data |
| 5 | 5 Spain | 3.83 | 2023 | -2.87% | -2.08% | View data |
| 6 | 6 Austria | 3.34 | 2023 | +1.87% | +2.17% | View data |
| 7 | 7 Ireland | 2.34 | 2023 | +2.08% | -5.87% | View data |
| 8 | 8 Finland | 1.28 | 2023 | +2.88% | View data | |
| 9 | 9 Greece | 1.22 | 2023 | -2.57% | -3.48% | View data |
| 10 | 10 Luxembourg | 0.72 | 2023 | +1.78% | +4.44% | View data |
